The issue is not that there's no gain from appreciation. It's that an aggressive American approach seems unlikely to generate appreciation over and above the current rate at an acceptable cost.

问题不在于人民币的升值有无好处，而是这样的强硬措施在现有的也是可以接受的代价的汇率下似乎不可能带来更多的利益。

youdao

The issue is not that there's no gain from appreciation. It's that an aggressive American approach seems unlikely to generate appreciation over and above the current rate at an acceptable cost.

问题不在于人民币的升值有无好处，而是这样的强硬措施在现有的也是可以接受的代价的汇率下似乎不可能带来更多的利益。

youdao